San Simeon, CA 93452 - Coastal SLO Submarket

Property Type:HospitalityNumber of Rooms:55Status:Existing Year Built:-

Stories:2Building Size:18,020 SFLand Area:.47 AC (20,682 SF)

For Sale Price:$7,495,000Price/Room:$136,273Cap Rate:12.00 %

Parking:1.41 Parking Spaces / 1,000 SF

Sale Notes:Located just 4 miles from the world famous Hearst Castle and a short walk to the beach, the Quality Inn San Simeon is a 55 key, fee-simple property, with full service restaurant attached. The hotel offers a diverse mix of room types including gas fireplaces and jacuzzi bath tubs. Additional amenities consist of heated swimming pool, spa and continental breakfast room. Included with the sale is ownership of adjacent restaurant building known as the Manta Rey which is leased and operated by a successful local restaurateur.